Lindsay Corp reports Q4 revenue down 1% YoY, full-year record EPS of $6.78

LINDSAY CORP

2024-FY EPS reported $6.78 revenue$676,368,000

Q4 revenue $153.6M (-1% YoY); operating income $11.3M (-16%); EPS $0.99 (-15%).
Full-year revenue $676.4M (+11%); net earnings $74.1M (+12%); EPS $6.78 vs $6.01 prior year.
Irrigation segment: Q4 international +23% to $79M; North America -19% to $50M.
Infrastructure segment: Q4 revenue -16% to $24.5M; operating margin fell to 14.4% from 19.2%.
Backlog of unfilled orders $110.7M vs $180.9M YoY; management cites tempered demand in North America.

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